Black Pepper Global Market Report 2024

The black pepper market size has grown strongly in recent years. It will grow from $3.61 billion in 2023 to $3.86 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. Historical growth can be linked to several factors, including the culinary applications that enhance flavors, the utilization of black pepper in traditional medicine for its health benefits, the global expansion of food cultures, the rising demand for convenient ready-to-eat meals, and heightened consumer awareness concerning natural ingredients.

The black pepper market size is expected to see strong growth in the next few years. It will grow to $4.9 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The anticipated growth in the upcoming period is set to stem from increased curiosity around ethnic and exotic cuisines, the health and wellness movement stimulating interest in functional foods, the exploration of black pepper in non-food sectors, the global proliferation of foodservice and restaurant chains, and a stronger emphasis on sustainable and ethical sourcing practices. Notable trends in this forecast period encompass innovations in products, enhanced traceability and transparency within supply chains, culinary explorations emphasizing ethnic flavors, a dedicated focus on sustainable and ethical sourcing, and a strategic positioning of health and wellness in marketing endeavors.

The expansion of the fast-food industry is poised to drive the growth of the black pepper market. This industry, focusing on providing quick and convenient meals, extensively utilizes black pepper as a versatile spice to enhance flavor in various menu items. Known for its strong flavor and natural preservative properties, black pepper contributes to the tastiness of fast food. As of October 2022, the US fast-food business's valuation was reported at $331.4 billion, and annual spending on fast food in the US was projected to reach $200 billion, with 50 million Americans consuming fast food daily. The fast-food industry is anticipated to grow to $931.7 billion by 2027, underscoring the significant impact of this sector on the black pepper market.

The black pepper market is also expected to experience growth due to increasing consumer demand for healthy and natural products. Consumers are actively seeking goods that prioritize health and well-being, derived from natural sources without extensive processing or synthetic additives. Black pepper, recognized for its unique flavor and potential health benefits, is incorporated into supplements, herbal remedies, and health-focused products. Its usage goes beyond taste enhancement, offering potential therapeutic advantages such as improved digestion and antioxidant properties. In 2021, a report by the British Nutrition Foundation highlighted that 62% of Britons modified their diets for health, emphasizing fruits, vegetables, and healthy cooking practices. Additionally, 64% of consumers checked nutritional information on food labels before purchasing, reflecting a heightened focus on healthy and natural products, thus contributing to the growth of the black pepper market.

The black pepper market is witnessing a trend towards the development of next-generation black pepper extracts, marked by innovative and advanced extraction methods. Leading companies, including Natural Innovations Group, are investing in the creation of products such as PhytoCann BP. This next-generation black pepper extract, enriched with terpenes and other compounds, serves as an effective carrier for various ingredients, such as CBD and THC. Produced from black pepper cultivated in Sulawesi, Indonesia, the proprietary extraction process preserves beneficial compounds, offering cannabinoid activity. The extract has demonstrated multiple benefits, including improved nutrient absorption, enhanced cognitive function, reduced inflammation, better sleep quality, and increased energy levels.

Profitability in the black pepper market is also being pursued through strategic partnerships by major companies. In January 2022, Olam International, a Singapore-based food and agri-business company, entered into a partnership with Brightseed, a US-based biosciences technology company. This collaboration aims to explore the health benefits of black pepper and garlic, focusing on bioactive compounds that impede tumor growth and enhance drug bioavailability. Leveraging Brightseed's AI platform, the research will analyze molecular structures, considering factors such as regions and growing conditions. The collaborative efforts are conducted at Olam's excellence centers in California and Vietnam, showcasing the industry's commitment to innovation and scientific exploration.

In May 2021, Olam Group Limited, a Singapore-based cotton farming company, completed the acquisition of Olde Thompson for $950 million. This strategic move is geared towards broadening Olam Group Limited's array of private label products, accessing a fresh customer demographic, and attaining proficiency in the art of blending and product formulation. Olde Thompson LLC, based in the US, specializes in the manufacturing of black pepper along with the production of spice grinders, gourmet peppers, and salts.

Major companies operating in the black pepper market report are Olam International Limited, Ajinomoto Co. Inc., Givaudan SA, Sinochem Hebei Corporation, doTERRA International LLC, Catch Group, Robertet SA, Synthite Industries Private Ltd., Everest Food Products Pvt Ltd., DS Group, Jabs International Pvt. Ltd., Mahashian Di Hatti Private Limited, British Pepper And Spice Co Ltd., Webb James S.r.l., Visimex Corporation, Kancor North America Inc., Gupta Trading Company, McCormick And Company Inc., Pacific Production Services Inc., Baria Pepper Co Ltd., Aromaaz International Private Limited, Indian Valley Foods Pvt Ltd., S&S Flavors Inc., American Spice Trading Co., Agrospice Brasil, DM Agro Products Private Limited.

Asia-Pacific was the largest region in the black pepper market in 2023. The regions covered in the black pepper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the black pepper market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary varieties of black pepper include Brazilian, Lampang, Malabar, Sarawak, Talamanca, Tellicherry, and Vietnamese black pepper. Brazilian black pepper, for instance, is commonly associated with the pepper produced in Brazil, available in organic and conventional forms such as ground, cracked, or whole black pepper. These products are distributed through various channels such as direct sales, supermarkets, specialty stores, e-commerce platforms, and others, finding applications across pharmaceuticals, food and beverages, personal care, and various other industries.

The black pepper market research report is one of a series of new reports that provides black pepper market statistics, including black pepper industry global market size, regional shares, competitors with a black pepper market share, detailed black pepper market segments, market trends and opportunities, and any further data you may need to thrive in the black pepper industry. This black pepper market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The black pepper market consists of sales of black pepper sauce, black pepper marinade, black pepper extract, black pepper essential oil, black pepper powder, black pepper salad dressing, kampot black pepper, sri lankan black pepper, and borneo black pepper. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.